Ryker1
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Eloncoin.org - Mars, here we come!
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February 26, 2020, 04:33:19 PM |
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[snip] Kindly go to Politics and Society board if you want to discuss more about this.
Well, perhaps you are right. Today's tax system is different. The rich won't consider paying taxes as am honor anymore, --Why? Because they already knew where do their taxes go and that is another story. The rich people of today are wiser than before. That is the reality, --Why? Rich people today know how to play with taxes already. They know that laws had loopholes they can take advantage of. Mostly, the government officials are the ones who are helping them as well and in exchange, the officials will be paid in private. Directly to their pockets. Indeed, tax Lawyers are meant to exist, as well. This is my personal opinion and I hope this makes sense.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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abhiseshakana
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From Zero to 2 times Self-Made Legendary
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February 26, 2020, 04:54:24 PM |
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I never heard of it, but my guess is it's a voluntaryism utopia. Or if it's real, then it must involve some God/belief. I think the old Jewish and Arab communities have tithe or zakat. These kinds of donations could be considered as tax.
if we trace indeed between zakat and tax have the same goal, namely to prosper others, and help our brothers in need. it's just that the system used is different, taxes are coercive, if they don't obey they get a fine, but if taxes grow from the heart Tax is a burden imposed by the government, which is collected as a necessity and used to cover the general government budget, fulfill economic, social, political, and other objectives set by the state. And It's different with zakat. The pros and cons of tax problems always occur in each generation. In examining this condition, the analogy is very simple. Taxes are government policies and obligations of all citizens. As citizens, we must comply with state regulations. For those who are against tax, the choice is legal sanctions by the state. Therefore, do not become passive citizens, because we have been forced to pay taxes, so let us actively and critically monitor the allocation of tax used by the government so that it is right on target and effective for the interests of citizens.
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webtricks
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Activity: 1918
Merit: 1728
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February 26, 2020, 05:15:04 PM |
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I read this post on Instagram , was more of a fact page , they talked about the tax system in the old periods . One such country astounded me , the system was simple yet effective. So at the end of the month or the year , only the richest people were supposed to pay taxes and it was considered a big honor , then the highest tax payer was awarded in a way where he was supposed to do something good for the community , like Making road or something . Firstly I do not take credit for the post but I do think ,this system was rather effective , how did it come to this. People actually thought of it as a rewarding system instead of escaping from it . Do you think it was fair ? Do you think the government needs to look back and search for alternatives , for the loop holes ? Taking some inspiration from the past.
(Unfortunately I wasn't able to find the specific site giving information about it please post the link below if you are lucky enough to find it )
Maybe what you are saying worked in a kingdom having few thousands population but not at all possible in modern economy. In my country more than 1.5 billion people live, do you think government can even pick individuals and provide them recognition? I don't think attention-seeking generation of today will do anything of that sort if not getting enough attention. Also modern countries are not run for kings, these are run by leaders from political parties who are mostly hated by people. No matter with what intention they deliver something, people will always hate them for no reason. For example, in my country Prime Minister requested rich section to giveaway their LPG cylinder subsidy. The amount saved from such subsidy would then be used to provide free gas to 'below-poverty class'. Guess what? In the country of 1.5 billion population, only 700K people gaveaway subsidy. There is no harmony left among people. However, Income Tax Department here in India is trying to create some incentives for tax payer. Based on the amount of tax payed, tax payers are getting some recognition. Even I received Silver Certificate for my tax contribution. However, I cannot flaunt that on my social media else it will guarantee burglary at my place. In short, honor comes with risk in modern times.
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Barbut
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February 27, 2020, 07:56:27 AM |
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The government will spend $12b on roads, schools, healthcare, this government will an extra $xxx billions in this an that. It's the news we all read every day, but the truth is that it's not their money, it's the money from the people who pay taxes and bills, it's our money. What they do with all that money, they take half for them and the other half is for all others. The tax system was never fair, the rich are getting richer since ever. We can just hope that crypto can change that, we are all equal and some things should be equal for all!
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jentak
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Merit: 0
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March 01, 2020, 10:57:17 AM |
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The government will spend $12b on roads, schools, healthcare, this government will an extra $xxx billions in this an that. It's the news we all read every day, but the truth is that it's not their money, it's the money from the people who pay taxes and bills, it's our money. What they do with all that money, they take half for them and the other half is for all others. The tax system was never fair, the rich are getting richer since ever. We can just hope that crypto can change that, we are all equal and some things should be equal for all!
I just realized that we may meet blockchain tax system where govs is controlling how to spend those money, but can't really withdraw it - they can only be spend on community's needs. I know there is a similar system at the moment, but it goes same as with elections - we already have working system, but its just too bad
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Twentyonepaylots
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March 01, 2020, 04:48:25 PM |
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The government will spend $12b on roads, schools, healthcare, this government will an extra $xxx billions in this an that. It's the news we all read every day, but the truth is that it's not their money, it's the money from the people who pay taxes and bills, it's our money. What they do with all that money, they take half for them and the other half is for all others. The tax system was never fair, the rich are getting richer since ever. We can just hope that crypto can change that, we are all equal and some things should be equal for all!
I don't agree with this as I never know what happens inside the government but somehow it does make sense to me. I've been living for more than 2 decades and the roads are still what it is as when I was a child, no progress no new and makes me wonder where did a lot of money go? Maybe the tax system is never fair or we are just focusing on what is near to us and do not think of the other places and what does it cost for society projects. Billions are effective and billions are on waste, agree?
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johnyj
Legendary
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Beyond Imagination
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March 03, 2020, 11:39:13 AM |
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I don't understand the logic behind todays tax system: Tax income is magnitudes lower than the newly created money that governement can borrow, so why hire lots of people just to tax people and get neglectable income?
Take QE for example, money supply increased by 500%, equal to that every one is taxed by 500%, but for majority low income people, the tax is maybe less than 10%
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FanatMonet
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March 03, 2020, 12:07:09 PM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
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tvplus006
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To the Moon
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March 03, 2020, 01:16:46 PM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
The state is simply obliged to collect taxes from its citizens. But taxes must remain fair. I believe that those who have more income should also pay more taxes than the poor. And if they want their good deeds to be noticed, they could spend some of their money on charity.
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johnyj
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Beyond Imagination
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March 03, 2020, 03:10:38 PM |
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The state is simply obliged to collect taxes from its citizens. But taxes must remain fair. I believe that those who have more income should also pay more taxes than the poor. And if they want their good deeds to be noticed, they could spend some of their money on charity.
Why should state obliged to collect taxes from its citizens today, when they get much more by printing money? I think it should work like this: Print a lot of money, give a little to poor people so that they can live a good life, and do not give any to rich people. And totally remove the concept of tax Tax is a very old concept when in old time, government does not know how to print money and only use gold as money, and they have to get some money to build the defense of the country and other infrastructure. But today, with crazy money injection every month, the tax income of the state becomes neglectable, all the government spends are financed through newly printed money, not tax
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Vishnu.Reang
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March 03, 2020, 03:21:06 PM |
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I really doubt whether handing out rewards would do the job. The main problem for tax payers now is that a section of the UHNW individuals are able to find loopholes and avoid paying their dues, while an uneven burden falls on the shoulder of the remaining people. Also, many of them are not comfortable in the tax money being used to wage wars and other wasteful expenses.
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tvplus006
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To the Moon
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March 03, 2020, 04:14:02 PM |
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The state is simply obliged to collect taxes from its citizens. But taxes must remain fair. I believe that those who have more income should also pay more taxes than the poor. And if they want their good deeds to be noticed, they could spend some of their money on charity.
Why should state obliged to collect taxes from its citizens today, when they get much more by printing money? I think it should work like this: Print a lot of money, give a little to poor people so that they can live a good life, and do not give any to rich people. And totally remove the concept of tax Tax is a very old concept when in old time, government does not know how to print money and only use gold as money, and they have to get some money to build the defense of the country and other infrastructure. But today, with crazy money injection every month, the tax income of the state becomes neglectable, all the government spends are financed through newly printed money, not tax If the state replaces taxes with printing new money, it will lead to very high inflation. And then the little money that the poor have will cost nothing at all, and it will be impossible to buy anything for it. Therefore, taxes should be paid depending on the amount of income : the poor - less, the rich - more.
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johnyj
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Beyond Imagination
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March 03, 2020, 04:54:24 PM |
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If the state replaces taxes with printing new money, it will lead to very high inflation. And then the little money that the poor have will cost nothing at all, and it will be impossible to buy anything for it. Therefore, taxes should be paid depending on the amount of income : the poor - less, the rich - more.
There won't be any inflation, as evidenced by QE123, so much money printed, almost no inflation. Government has spent trillions through QE123, but you can check their tax income, a very small fraction of that. So, the government might get 10% less income without tax income, but that is not the end of the world
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Baoo
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March 03, 2020, 05:07:02 PM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
In addition to that, it is really unfortunate that poor are always paying a high value of taxes and some of them cannot even pay because their financial income are really weak compared to the rich people, some laws must be changed in most of countries especially the poorest in my opinion. Furthermore, the value of taxes in general are unacceptable, I don't know why the governments want to exploit their citizens in all the ways.
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johnyj
Legendary
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Activity: 1988
Merit: 1012
Beyond Imagination
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March 03, 2020, 05:49:34 PM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
In addition to that, it is really unfortunate that poor are always paying a high value of taxes and some of them cannot even pay because their financial income are really weak compared to the rich people, some laws must be changed in most of countries especially the poorest in my opinion. Furthermore, the value of taxes in general are unacceptable, I don't know why the governments want to exploit their citizens in all the ways. I think this is just an old tradition from old time, now they have learned the art of helicopter money since 2008, it brings income much faster than tax collecting, time to change the system
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FanatMonet
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March 03, 2020, 09:57:00 PM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
The state is simply obliged to collect taxes from its citizens. But taxes must remain fair. I believe that those who have more income should also pay more taxes than the poor. And if they want their good deeds to be noticed, they could spend some of their money on charity. I still tend to the fact that people who receive little should not pay taxes at all. As an example: We have 10 people, let the income tax be 10%. 9 of them receive $ 500 per month, and one receives $ 10,000 per month. Total treasury from them collects $ 1450 per month. But at the same time, the same amount can be obtained if the first nine people do not pay anything, and the latter will pay instead of 10% only 14.5% of the tax.
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alani123
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March 03, 2020, 10:07:26 PM |
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There have always been varying political factions. At times of war maybe it could have been the only time nationalist sentiments were so strong that paying taxes might have been considered patriotic and therefore honored. But for any other time, I think that anyone would rather NOT pay taxes and would turn a blind eye for their neighbor finding ways to do so.
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tvplus006
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To the Moon
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March 04, 2020, 10:00:00 AM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
The state is simply obliged to collect taxes from its citizens. But taxes must remain fair. I believe that those who have more income should also pay more taxes than the poor. And if they want their good deeds to be noticed, they could spend some of their money on charity. I still tend to the fact that people who receive little should not pay taxes at all. As an example: We have 10 people, let the income tax be 10%. 9 of them receive $ 500 per month, and one receives $ 10,000 per month. Total treasury from them collects $ 1450 per month. But at the same time, the same amount can be obtained if the first nine people do not pay anything, and the latter will pay instead of 10% only 14.5% of the tax. In a normal country, such situations should also be provided for. And if a person's income is less than the subsistence minimum, then their salary should not be taxed. In such cases, the person on the contrary should receive an allowance from the government.
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Linkkoin
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Online Cryptocurrency Exchange
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March 04, 2020, 06:50:15 PM |
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In a normal country, such situations should also be provided for. And if a person's income is less than the subsistence minimum, then their salary should not be taxed. In such cases, the person on the contrary should receive an allowance from the government.
This is one of the ideas having already been discussed for the number of years "guaranteed income", which will be funded from so called "robot-tax" (same source of funding will be used for pension scheme).
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Xampeuu
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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March 05, 2020, 10:20:07 AM |
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Honestly, I have never heard of such a society. Speaking of taxes, I think that they should be progressive and organized in such a way that the poor do not pay anything, and the rich pay a little more, but their money covers the shortcomings of the poor.
The state is simply obliged to collect taxes from its citizens. But taxes must remain fair. I believe that those who have more income should also pay more taxes than the poor. And if they want their good deeds to be noticed, they could spend some of their money on charity. I still tend to the fact that people who receive little should not pay taxes at all. As an example: We have 10 people, let the income tax be 10%. 9 of them receive $ 500 per month, and one receives $ 10,000 per month. Total treasury from them collects $ 1450 per month. But at the same time, the same amount can be obtained if the first nine people do not pay anything, and the latter will pay instead of 10% only 14.5% of the tax. In a normal country, such situations should also be provided for. And if a person's income is less than the subsistence minimum, then their salary should not be taxed. In such cases, the person on the contrary should receive an allowance from the government. as in my country there is an income limit that is not subject to annual tax. even then it is still reduced by non-taxable income in accordance with the number of dependents, with the magnitude of each different variable. if the income after deducting the income is not subject to tax under the provisions, then the person is tax exempt, but must still report
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